SALES OPERATIONS
Adjust Your Sales Coverage Model for Sales Success
CRAIG RILEY
When sales leaders incorporate greater flexibility into their strategic planning activities and outputs, they build in an automatic response to high inflation and recessionary risks. The sales organizations that routinely reassess their ability to respond to economic disruptions come out stronger no matter what the economic forces are outside their control. Sales coverage models are no exception. This should be one of the main priorities for sales leaders.
38 | SEPTEMBER/OCTOBER 2023 SELLING POWER © 2023 SELLING POWER. CALL 1-800-752-7355 FOR REPRINT PERMISSION.
In 2022, according to Gartner research, 94% of heads of sales re- ported making at least slight chang- es to their sales coverage model in preparation for a potential recession. Although some level of coverage model change was nearly universal, those that made more significant changes saw the real benefits: • They were twice as likely to have best-in-class commercial performance.
• They were 33% more likely to exceed targets in new customer acquisition, cross-sell/upsell, or customer retention than those making more minor adjustments. Outperforming competitors also
requires making the right changes at the right time. To identify the proper strategy and scope of changes, heads of sales and sales operations should do the following.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41